Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 12.880 | +0.0050 | pay 0.0050% / 8h | 3m 48s | — | $1.2M | — | Long BingX | |
| SHORT | 12.880 | 0 | 0.0000% / 8h | 3m 48s | $904 | $221K | 10x | Short SunX≤10% back |
Price gap0.000%46s
Funding gap−0.0050% /8h
The gap pays +$10 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 6.8 days. At the last 7 days' pace that is about 28 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$62−0.0050% /8h now · paid −0.615% over the last 7D
Price—spread 0.000%46s now · prices read too far apart to compare
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—no pointsneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now0.000%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPATH on 10 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage— + $1,000BingX —, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.50Long BingX: 3 payments, −$1.50; short SunX: 3 payments, $0.00.
- Watch: Prices read 46 s apart0.000% vs −0.103%Part of this gap may be the market moving.
- Note: Open interest unknown— vs $904 OIBingX reports no open interest, so the legs cannot be compared.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · SunX NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0293%/8h × 21 periods−$61.52
Price spreadprices read too far apart to compare—
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee BingX bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kprice spread not counted: prices read too far apartCosts to cover—Break-even—
Slippage: BingX: live order book, 24 min ago; SunX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX15.4922.5 bp−$2366.7 bp−$667359.1 bp−$35.9Kdoesn’t fit
SELL · SHORTSunX69.88doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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| 09-21 09:39 | Bybit | Listing | new market PATHUSDT ($PATH) seen by our collector |


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